Funding arb · Price arb /

SAHARA

all SAHARA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.020%

Price spread now: ApeX Omni against GRVT+0.017%7-day average −0.015% · you sell dearer than you buy

Net, funding: paid 7d − costs−$330as in the Funding arb table

Net, price: spread back to 7d avg − costs−$329as in the Price arb table

costs, in and out, $10k−$3323.319% of the position

Long on GRVT Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days+0.020%+$2 on $10k

Price spread, last 4 days (all we have)−0.025%−$2 · spread now +0.017%, 7d avg −0.015%

Together, before fees−0.005%+ Points / potential airdropGRVT: Active · farm board$0 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: ApeX Omni is 0.032% dearer against GRVT than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.015%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT SAHARA_USDT_Perp	0.009348	0.0100	pay 0.0050% / 4h	2h 03m	$139K	$2.5M	10x
Short	ApeX Omni SAHARAUSDT	0.009350	0.0100	get 0.0013% / 1h	3m 49s	$19K	$259K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against GRVT. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee GRVTbpFee ApeX OmnibpOrdersPrice spread, now +0.017%Rate

Funding earned: $0
Price spread: +0.017% → −0.015%: $3.2
Slippage, 4 orders: −$312.93
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$328.73
Costs to cover: 3.319%
Break-even: never at this rate

Slippage from GRVT: live order book, 5 min ago; ApeX Omni: live order book, 63 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy GRVT live order book, 5 min ago	10.68 bp	88.9 bp −$89	269.1 bp −$2,691	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 63 min ago	15.91 bp	36.7 bp −$37	doesn't fit	doesn't fit	doesn't fit

SAHARA on 13 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance SAHARAUSDT	+0.0100%	4h	0.009371	+0.242%	$4.4M	$5.0M	25x	as long as short
Gate SAHARA_USDT	+0.0100%	8h	0.009370	+0.231%	$193K	$57K	25x	as long as short
MEXC SAHARA_USDT	+0.0100%	4h	0.009374	+0.274%	$1.5M	$232K	20x	as long as short
KuCoin SAHARAUSDTM	+0.0100%	4h	0.009350	+0.017%	$273K	$52K	25x	as long as short
GRVT SAHARA_USDT_Perplong	+0.0100%	4h	0.009348	long leg	$139K	$2.5M	10x
ApeX Omni SAHARAUSDTshort	+0.0100%	1h	0.009350	+0.017%	$19K	$259K	50x
Extended SAHARA-USD	+0.0104%	1h	0.009373	+0.261%	$2K	$215K	5x	as long as short
OKX SAHARA-USDT-SWAP	+0.0232%	4h	0.009381	+0.349%	$981K	$1.0M	20x	as long as short
Bitget SAHARAUSDT	+0.0470%	4h	0.009380	+0.338%	$1.2M	$418K	25x	as long as short
Aster SAHARAUSDT	+0.0481%	4h	0.009358	+0.105%	$61K	$19K	5x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX SAHARA-USDT	+0.0620%	4h	0.009377	+0.306%	—	$2.3M	—	as long as short
Variational Omni SAHARA	+0.0720%	4h	0.009375	+0.283%	$22K	$12K	—	as long as short
Bybit SAHARAUSDT	+0.0769%	4h	0.009379	+0.327%	$2.0M	$1.3M	20x	as long as short